Roamless Secures $5 Million in Seed Funding Round

Roamless has successfully secured $5 million in its seed funding round, marking a significant milestone for the company. This funding round was led by Shorooq Partners, a venture capital firm based in the United Arab Emirates. Other participants in the round included Revo Capital, Paribu Ventures, Finberg, and DeBa Ventures.

In December, Roamless raised $2.6 million in a funding round led by Paribu Ventures and Revo Capital. According to information provided by Roamless, the company has now received an additional $2.4 million in funding, bringing the total amount raised in this seed round to $5 million.

Founded in early 2023 by Emre Demirel, Ali Gazioglu, Asim Alp, Selim Aykut, and Cengiz Oztelcan in the United States, Roamless offers internet access and global calling services to users in 165 countries. The company has rapidly expanded its user base, reaching 120,000 users in a short period. Notably, Roamless had only 15,000 users as of last December, with a significant portion of its user base located in North America and Europe.

Roamless operates through a mobile application based on eSIM technology. Its innovative approach allows a single eSIM to work worldwide, and its pay-as-you-go model aims to set it apart from competitors.

Mahmoud Adi, Co-Founder of Shorooq Partners, commented on the investment, stating that "Roamless' innovative approach to international internet access aligns with our vision of investing in ventures that redefine traditional models." He added that this investment reflects their confidence in Roamless' potential and their belief in the Turkey technology ecosystem.

Emre Demirel, Co-Founder and CEO of Roamless, noted that this investment would help accelerate their mission to lead digital transformation in the telecom sector. Demirel emphasized that the team, along with their investors, is working tirelessly towards their next goal of reaching 1 million users.

The substantial investment received by Roamless represents a crucial step towards achieving the company's growth objectives and contributing to digital transformation in the telecom industry. Roamless continues to strengthen its position in the market through its innovative services and strategic investments.